Avalon Announces $2.0 Million Non-Brokered Private Placement
Toronto, Ontario--(Newsfile Corp. - June 19, 2014) - Avalon Rare Metals Inc. (TSX: AVL) (NYSE MKT: AVL) ("Avalon" or the "Company") is pleased to announce that the Company is planning to raise approximately $2,000,000 by way of a non-brokered private placement of up to 2,500,000 flow-through common shares ("Flow-Through Shares") at a price of $0.60 per Flow-Through Share and a non-brokered private placement of up to 1,000,000 non flow-through units ("Non Flow-Through Units") priced at $0.48...
2014-06-19 7:11 PM EDT
Avalon Closes US$4million Registered Direct Offering
Toronto, Ontario--(Newsfile Corp. - June 13, 2014) - Avalon Rare Metals Inc. (TSX: AVL) (NYSE MKT: AVL) ("Avalon" or the "Company") is pleased to announce that it has closed its previously announced registered direct offering with an institutional investor for gross proceeds of approximately US$4 million, as further described in the Company's news release of June 10, 2014. Net proceeds, after deducting the placement agent's fee and other estimated offering expenses payable by
2014-06-13 4:53 PM EDT
Avalon Announces US$4million Registered Direct Offering
Toronto, Ontario--(Newsfile Corp. - June 10, 2014) - Avalon Rare Metals Inc. (TSX: AVL) (NYSE MKT: AVL) ("Avalon" or the "Company") is pleased to announce that it has entered into a definitive agreement with an institutional investor pursuant to which the investor will purchase 9,237,875 units of the Company at a price of US$0.433 per unit (the "Offering"). Each unit will be comprised of a common share and 0.70 of a common share purchase warrant. Each whole warrant is exercisable into a...
2014-06-10 9:50 AM EDT